Perhaps your daughter recently got married and you want to help her and her husband start their new life. Or maybe they ...
Unless you have given away more than $13 million in your lifetime, a $75,000 gift will not trigger the federal gift tax.
“One of the best ways to cut the amount of tax you have to pay is to make gifts during your lifetime,” says Sarah Coles, head ...
The wealthiest people in the U.S. could see major tax hikes next year, sending high-net worth clients to financial planning ...
Tax season isn’t the most joyful time of year, but it’s certainly one of the most important. With the filing deadline ...
Whether you’re transferring property, or offering a monetary gift, being properly informed can save you significant amounts ...
Cash gifts to adult children generally have no tax impact on neither the parent nor the child. Only gifts of assets with ...
President Donald Trump may cancel income tax for Americans earing below $150,000 annually, Commerce Secretary Howard Lutnick ...
a $75,000 gift will not trigger the federal gift tax. Using this for a down payment also does not affect the result. A financial advisor with estate planning expertise can help you navigate the ...